Analog Devices Balance Sheet Health
Financial Health criteria checks 5/6
Analog Devices has a total shareholder equity of $36.0B and total debt of $6.7B, which brings its debt-to-equity ratio to 18.7%. Its total assets and total liabilities are $49.5B and $13.5B respectively. Analog Devices's EBIT is $4.4B making its interest coverage ratio 23. It has cash and short-term investments of $1.2B.
Key information
18.7%
Debt to equity ratio
US$6.73b
Debt
| Interest coverage ratio | 23x |
| Cash | US$1.18b |
| Equity | US$36.01b |
| Total liabilities | US$13.53b |
| Total assets | US$49.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ANLD's short term assets ($4.7B) exceed its short term liabilities ($2.6B).
Long Term Liabilities: ANLD's short term assets ($4.7B) do not cover its long term liabilities ($10.9B).
Debt to Equity History and Analysis
Debt Level: ANLD's net debt to equity ratio (15.4%) is considered satisfactory.
Reducing Debt: ANLD's debt to equity ratio has reduced from 66.3% to 18.7% over the past 5 years.
Debt Coverage: ANLD's debt is well covered by operating cash flow (72.6%).
Interest Coverage: ANLD's interest payments on its debt are well covered by EBIT (23x coverage).